Nigeria undergoing reforms for AfCFTA | The Guardian Nigeria News - Nigeria and World News - News Summed Up

Nigeria undergoing reforms for AfCFTA | The Guardian Nigeria News - Nigeria and World News


To bridge the gap and ensure that there exists a seamless trade within the region, the African Continental Free Trade Agreement (AfCFTA) was formed. AfCFTA is a trade agreement which is in force between 28 African Union member states. It was signed in Kigali, Rwanda, on March 21, 2018.As at July 2019, 54 states had signed the agreement including Nigeria. The Managing Director, Nigerian Ports Authority (NPA) Ms Hadiza Bala-Usman, at the 2019 International Ports and Terminal (NIMPORT) Conference and Expo, says the African Continental Free Trade Agreement (AfCFTA) will boost trade in Nigeria. “The next level for regional trade development should come with accelerated port and logistics infrastructure development, trade integration and seamless facilitation and hinterland rail connectivity.


Source: The Guardian January 06, 2020 12:56 UTC



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